Tempsens Instruments IPO GMP: Amazing 57% Listing Gain Expected
Tempsens Instruments IPO GMP has climbed to a fresh high just a day before the issue opens, backed by strong revenue growth and a leadership position in India’s temperature sensor market. Here’s a complete breakdown of the GMP, company financials, and everything you need to know before the IPO opens.
Tempsens Instruments IPO GMP Today
As of August 19, 2026, the Tempsens Instruments IPO GMP stands at Rs. 170 per share, its highest level yet. Based on the upper price band of Rs. 300, this points to an estimated listing price of around Rs. 470, translating into a potential listing gain of approximately 56.67%.
As always, GMP is an unofficial, unregulated indicator and can shift quickly right up until the actual listing day.
About Tempsens Instruments
Founded in 1990 and based in Udaipur, Rajasthan, Tempsens Instruments (India) Limited describes itself as India’s largest manufacturer of contact and non-contact temperature sensors by revenue. Its product range spans thermocouples, resistance temperature detectors, thermowells, pyrometers, thermal imagers, industrial heaters, calibration equipment, furnaces, and specialised cables. The company operates 15 manufacturing units, 10 in Udaipur and 5 overseas, serving more than 1,000 customers across over 80 export countries. It holds roughly 10.5% overall market share in temperature sensors and about 21.3% share specifically in non-contact sensors.
Tempsens Instruments IPO: Key Details
- Price Band: Rs. 285 to Rs. 300 per share
- Lot Size: 50 shares (minimum investment of Rs. 15,000 at the upper band)
- Issue Size: Rs. 650 crore, comprising a Rs. 95 crore fresh issue and a Rs. 555 crore offer for sale
- Anchor Book Opens: August 19, 2026
- Subscription Opens: August 20, 2026
- Subscription Closes: August 24, 2026
- Allotment Date: August 25, 2026 (tentative)
- Listing Date: August 28, 2026 (tentative)
- Listing Exchanges: NSE and BSE
- Lead Managers: ICICI Securities and JM Financial
- Registrar: KFin Technologies
Alongside the Tempsens Instruments IPO GMP movement, fresh issue proceeds are earmarked for Rs. 55 crore in debt repayment and Rs. 18.1 crore in capital expenditure for its electrical heating and cables businesses, with the remainder going toward general corporate purposes.
Financial Snapshot
Much of the confidence behind the Tempsens Instruments IPO GMP comes from its numbers: the company has posted consistent growth across the last three fiscal years:
- FY2024: Total income of Rs. 278.04 crore, profit after tax of Rs. 40.92 crore
- FY2025: Total income of Rs. 382.47 crore, profit after tax of Rs. 62.56 crore
- FY2026: Total income of Rs. 455.86 crore, profit after tax of Rs. 71.07 crore
Revenue from operations grew approximately 17.5% year-on-year in FY2026, alongside an EBITDA of Rs. 113.17 crore, translating to a margin of around 25%. The company’s return on capital employed stands at 21.6%.
Valuation
At the upper end of the price band, Tempsens Instruments is valued at around 35 times its FY2026 earnings, with an EV/EBITDA multiple of roughly 22.66 times, implying a market capitalisation of about Rs. 2,515 crore.
Risks to Consider
Tempsens Instruments’ Projects and OEM business made up roughly 67.55% of FY2026 operating revenue, with the metal and petrochemical industries together contributing about 41.13% of that revenue, a concentration that ties the company’s fortunes closely to industrial capex cycles. Copper and nickel exposure also accounted for around 26% of FY2026 purchases, adding commodity price risk. It’s also worth noting that the bulk of this IPO, Rs. 555 crore of the Rs. 650 crore total, is an offer for sale, meaning most proceeds go to existing shareholders rather than the company itself.
Not the Only Manufacturing IPO This Year
Industrial and manufacturing-focused companies have had an active year on the IPO front, our coverage of the Behari Lal Engineering GMP looks at another manufacturing-sector listing that drew similar investor attention.
Should You Subscribe?
The Tempsens Instruments IPO GMP reflects genuinely strong underlying fundamentals, consistent double-digit revenue and profit growth, a leading position in a specialised niche, and healthy margins, though the valuation isn’t cheap at 35 times earnings, and the OFS-heavy structure means the company itself isn’t raising much fresh capital from this listing.
Disclaimer: Grey Market Premium (GMP) figures are based on unofficial market trends and are not regulated by SEBI or any stock exchange. This article is for informational purposes only and should not be considered investment advice. Please consult a certified financial advisor before making any investment decisions.
For more IPO and market updates, check out our Business section.
You can also read about the Milky Mist Dairy Food IPO GMP for another recent IPO with strong financials.
Frequently Asked Questions
What is the Tempsens Instruments IPO GMP today?
The GMP stands at Rs. 170 per share as of August 19, 2026, suggesting an estimated listing price of around Rs. 470 against the Rs. 300 upper price band.
When does the Tempsens Instruments IPO open?
The IPO opens for subscription on August 20, 2026, and closes on August 24, 2026.
What is the price band for the Tempsens Instruments IPO?
The price band is set at Rs. 285 to Rs. 300 per share, with a lot size of 50 shares.
Is Tempsens Instruments profitable?
Yes. The company posted a profit after tax of Rs. 71.07 crore in FY2026, up from Rs. 62.56 crore in FY2025 and Rs. 40.92 crore in FY2024.
When will Tempsens Instruments shares list?
Shares are expected to list on NSE and BSE on August 28, 2026, following a tentative allotment date of August 25, 2026.